Mitch's Weekly Market Report

Indianapolis, IN 46239

Condos/Townhomes

Email: Mitch@ToHelpUmove.com | Phone: (317) 223-1673


Current active inventory in Indianapolis, IN 46239 is very low. Keep this in mind when looking at this report.

Indianapolis, IN 46239

Sun Oct 25 2026
This week the median list price for Indianapolis, IN 46239 is $227,450 with the market action index hovering around 26. This is less than last month's market action index of 69. Inventory has increased to 2. Click here to stay informed with the Indianapolis market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

Market Narrative

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyer's market, this price trend may be a result of improved quality (newer, larger homes) of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Indianapolis, IN 46239

Sun Oct 25 2026
This week the median list price for Indianapolis, IN 46239 is $227,450 with the market action index hovering around 26. This is less than last month's market action index of 69. Inventory has increased to 2. Click here to stay informed with the Indianapolis market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

Market Narrative

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyer's market, this price trend may be a result of improved quality (newer, larger homes) of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Real-Time Market Profile

Never miss important changes in the Indianapolis market.
Median List Price $227,450
Median Price of New Listings $0
Per Square Foot $145
Average Days on Market 144
Median Days on Market 144
Price Decreased 50%
Price Increased 0%
Relisted 0%
Inventory 2
Median Rent
Market Action 26
Slight Buyer's Advantage

While this week the median price in this zip code didn’t fluctuate much, we are relatively close to the market’s high-water mark. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$279,900 1,537 6,500 - 8,000 sqft 2 2 5 0 0 21
$0 0 - NaN 0 NaN 0 0 NaN
$175,000 1,602 0 - 4,500 sqft 4 3 19 0 0 266
$0 0 - NaN 0 NaN 0 0 NaN